I’m not consistent with colors. I go for pink, sometimes blue. Sometimes I go for black and white.
I’m not consistent with colors. I go for pink, sometimes blue. Sometimes I go for black and white.
My awesome gift from @stephemmt a girl can never have too many books!! #books #bibliophile #voucher #bookvoucher #skoobs #skoobsbooks #ilovebooks ##bookromantic #bookmark #gift
Luxury Wrist Watches, Still a Clever Investment for 2013, Says TimepieceBox.com
(EMAILWIRE.COM, January 12, 2013 ) New York, NY — According to watch authority site TimepieceBox, investors will continue to express strong interest in luxury watches in 2013, despite the economic slowdown announced for next quarter. The most significant demand will come from Asian countries, especially mainland China and Hong Kong regions that have surpassed the US and other wealthy countries in displaying the highest demand for luxury watch brands. Swiss watch exports are expected to increase by up to 19% and breach the $9 billion barrier set in 2012.
Weve seen many recessions over the last fifty years, none quite as severe as the current one, but buying vintage and luxury timepieces has always been a clever investment, says Marketing Director for TimepieceBox.com. Investors should know that with luxury watches, it is not necessarily a question of how much one invests.
Its essential to buy top quality, original timepieces that will retain value over time, even if were talking about $1, 000 watches.
TimepieceBox.com takes a no-nonsense look at why consumers should consider investing in luxury watches, mentioning the importance of top-quality timekeeping, elegant display of wealth and socially-effective investment among the top benefits of owning luxury timepieces.
As one of the finest combinations of high-quality design and elaborate craftsmanship, a whole lot can be said about the antique, vintage or retro watches that add value to ones personality and style, and TimepieceBox makes it its goal to offer complete and accurate information about all the major watch brands and their best-selling products. Conveniently organized in categories of interest, the website offers information about watch brands and the most popular types of watches, ranging from kids models to unique art pieces. They also offer shopping advice for customers who need help choosing the type of watch or model to match their style and budget best.
For more information about the best types of watches to invest in in 2013, please visit http://timepiecebox.com/.
TimepieceBox.com is a new authority site aiming to provide readers with valuable information, latest news and resources from the watch industry. The website offers complete and accurate information about all the top watch brands, sports watches, retro, luxury and antique watches or unique and vintage pieces that never go out of style.
(212) - 529 - 5000
The number of closures has fallen sharply this year as banks have worked their way through the bad debt accumulated in the recession. By this time last year, regulators had shuttered 139 banks.
The Federal Deposit Insurance Corp. seized the four banks. The largest by far was Community Banks of Colorado, based in Greenwood, Colo., with $1.38 billion in assets and $1.33 billion in deposits. Also shuttered were Community Capital Bank, Jonesboro, Ga., with $181.2 million in assets and $166.2 million in deposits; Decatur First Bank, Decatur, Ga., with $191.5 million in assets and $179.2 million in deposits; and Old Harbor Bank, Clearwater, Fla., with $215.9 million in assets and $217.8 million in deposits.
Community Banks of Colorado was a state-chartered institution and under the supervision of the Federal Reserve. The Fed appointed the FDIC receiver of the bank after determining that it had been “critically undercapitalized” since July 29.
The Fed said in a statement that it also consulted with Colorado’s banking commissioner.
Bank Midwest, based in Kansas City, Mo., agreed to assume the assets and deposits of Community Banks of Colorado. In addition, the FDIC and Bank Midwest agreed to share losses on $714.2 of Community Banks of Colorado’s loans and other assets.
The bank’s failure is expected to cost the deposit insurance fund $224.9 million.
State Bank and Trust Co., based in Macon, Ga., agreed to assume the assets and deposits of Community Capital Bank. Atlanta-based Fidelity Bank agreed to acquire the assets and deposits of Decatur First Bank, while 1st United Bank, based in Boca Raton, Fla., is assuming the assets and deposits of Old Harbor Bank.
In addition, the FDIC and State Bank and Trust agreed to share losses on $141.3 million of Community Capital Bank’s assets. The agency and Fidelity Bank are sharing losses on $111.5 million of Decatur First Bank’s assets. The FDIC and 1st United Bank are sharing losses on $155.6 million of Old Harbor Bank’s assets.
The failure of Community Capital Bank is expected to cost the deposit insurance fund $62 million. The failure of Decatur First Bank is expected to cost $32.6 million; that of Old Harbor Bank, $39.3 million.
Georgia and Florida have been among the hardest-hit states for bank failures. Regulators closed 16 banks in Georgia and 29 in Florida last year. The failures of Community Capital Bank and Decatur First Bank brought to 22 the number of Georgia lenders shut down this year. Old Harbor Bank was the 12th bank shuttered in Florida.
California and Illinois also have seen large numbers of bank failures.
In all of 2010, regulators seized 157 banks, the most in any year since the savings and loan crisis two decades ago. Those failures cost around $23 billion. The FDIC has said 2010 likely was the high-water mark for bank failures from the Great Recession.
In 2009, there were 140 bank failures that cost the insurance fund about $36 billion, a higher price tag than in 2010 because the banks involved were bigger on average. Twenty-five banks failed in 2008, the year the financial crisis struck with force; only three were closed in 2007.
From 2008 through 2010, bank failures cost the fund $76.8 billion. The FDIC expects failures from 2011 through 2015 to cost $19 billion.
The deposit insurance fund fell into the red in 2009. With failures slowing, the FDIC’s fund balance turned positive in the second quarter of this year; it stood at $3.9 billion as of June 30.
The 114m tall Anish Kapoor and Cecil Balmond designed sculpture, which will cost £22.3m and is being mainly funded by ArcelorMittal, will be the tallest sculpture in London when it is complete and has already divided opinion.
Altman said he believed it could generate up to £10m a year in revenue through ticket sales, catering, private functions, retail and merchandise. Under a profit share scheme, a proportion will go back into the upkeep of the park and staging events.
"You’ve got two platforms at 80 metres high that will have gallery space, café space, banqueting space. There could be corporate use, community use, a gallery. It will be different in the daytime and the night time," he said.
"And it also has to tell the story of the engineering of it and it can also be a part of telling the story of the Olympics," he said.
Its supporters hope it will become as iconic as the Eiffel Tower, another semi-permanent structure that became a key part of the skyline, and an enthusiastic Boris Johnson has already come up with a host of monikers including the “mutant trombone” and the “hubble bubble”.
But critics have already claimed it will destroy the vistas over the Park, as it towers over its neighbouring structures, and come to be seen as a monument to the Johnson’s hubris.
Altman said he had no such worries and believed the attraction would help differentiate the more urban south end of the Park, where open air canal-side plazas will host concerts and festivals, from the leafier north end where thousands of new family houses will be built.
"It’s a piece of engineering that should become this great destination. You can go to the top and get a great view. It will mark the whole landscape," he said.
Altman believes it will help attract the 14 million plus shoppers expected to visit the new Westfield centre into the Park.
"If you look across the City, you’ll have the London Eye, the Gherkin and the BT Tower. Now you’ll have a landmark in the east, that will mark a whole new point in a city growing in the east," he said.
"Boris was totally right about this. He was right to say we needed reasons for people to come to this Park that were different. There’s got to be something really special about this other than the fact the Games were here," he said.
Contracts to operate the Zaha Hadid designed Aquatics Centre, which will house 50 metre pools that can be used by the community and elite athletes, the multi-use arena that will host handball during the Games and the operation of the park will follow.
The contracts herald a pivotal year for the OPLC, which will oversee the transformation of the Park during the year until it reopens as Queen Elizabeth Olympic Park in summer 2013.
Altman said he was pleased with the backing that the OPLC had received from the coalition government for what has been called the most important regeneration project of the next 25 years.
He also said it had received an enthusiastic response from developers to plans for up to 11,000 new homes, most of them aimed at families, that were unveiled in October last year despite the ongoing gloom in the property market.
"The thing that will make or break it is around the public space, making sure all the pieces fit, the marketing of it," said Altman.
The next landmark decision will be whether to choose Tottenham Hotspur or West Ham United as the tenant of the Olympic Stadium, likely to be reduced to a capacity of 55,000 following the Games.
West Ham, backed by Newham Council and concert promoter Live Nation, has promised to retain the running track while Spurs, in conjunction with O2 operator AEG, has argued that it makes better commercial sense to remove it and offer an athletics legacy elsewhere.
It had originally been hoped that the OPLC would confer preferred bidder status on one of the clubs by the end of the month, but that now looks unlikely. It has promised to come to a final decision by the end of the financial year in April.
"You have got a real competition with two really serious bids. It’s a good place to be. The negotiation is intense and I think it’s really positive. It’s all about bringing activity and vibrancy to the Park and using it as much as possible," said Altman.
It is also looking for long term tenants for the cavernous press and broadcasting centres on the Hackney side of the Park.
Local politicians hope that it can become a media and technology hub, an idea enthusiastically backed by prime minister David Cameron, but Altman conceded it was “ambitious”.”The first year for us will be critical. It will set the tone and the value of the Park. When you open the Park, it’s got to have momentum. The lesson from regeneration projects around the world is that the first years are really important,” said Altman, appointed in May 2009 after leading successful regeneration projects in Philadelphia and Washington DC. “That’s why things like programming events and unique attractions like the Orbit are actually really important.”
• This article was amended on 7 January 2011. The original said that the Kapoor tower would be the tallest structure in London. This has been amended.
We made a book! It collects some of the stories, poems, songs and other pieces we wrote this summer.
Last Saturday we held a book launch and our friends and family came to help us celebrate. We had a full house at the Writers’ Federation.
There were ten readers, who all sauntered up to the podium, cool as heck, and confidently read their work in front of the crowd.
We laughed, we cried (Jaime & I were fighting back a lot of tears - SO PROUD!) and we all decided that we need to keep Write Now! going and meet again soon.
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